,

.

InstaForex

Saturday, July 9, 2011

Sharing information for 1Hour TRENDING


Hello,
As I Promised to share a little technical input, here is the example how I enter the (either BUY or SELL) market.

1. Normally fractals shown in yellow zigzag, but once purple zigzag appears its more accurate.

2. Once Fractal shown, you have to wait for trending line. If its still in RED/GREEN, just watch and do nothing. But, if there a tenancy for the line to change in color (either RED or GREEN) then you have to decide.

Like the attachment, it seems the graph changed its color from RED to GREEN. Its a BUY call signal. After that, I will key in the TAKE PROFIT amount at 7 pips.

Example, if the price shown 1.1120 for BUY purpose, I will take profit at 1.1127. That's it. Simple..

And will share other inputs later.. chow guys!

<a href="http://instaforex.com/index.php?x=CCJI">InstaForex</a>

No comments:

Post a Comment